Battery Smart raises $33 million in funding from Tiger Global, Blume Ventures, others
Battery swapping network Battery Smart on Thursday said it has raised $33 million (around Rs 272 crore) in funding that saw participation from the company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investment (BII).
The capital will be utilised by the company to add 1 lakh new customers to its network by 2025, and expand its geographic footprint, the company said in a statement.
